$BONK Rockets Higher – Breakout Momentum Still in Play
BONK/USDT is trading at 0.00002294, up over 26% in the last 24 hours. After a powerful breakout from the 0.00002100 base, price surged into the resistance zone near 0.00002320 and is now consolidating just below it. This bullish structure suggests continuation may be on the table if momentum holds.
Key Price Levels
Resistance Zone:
• 0.00002320 – 0.00002350
A clean breakout above this range could push BONK toward 0.00002400 and possibly 0.00002560.
Support Zone:
• 0.00002250
If the price fails to hold this support, it may pull back toward 0.00002100 and 0.00002020.
Trade Plan
Bullish Setup:
Buy on breakout above 0.00002350
• Target 1: 0.00002400
• Target 2: 0.00002560
• Stop-loss: Below 0.00002250
Bearish Setup:
Sell on breakdown below 0.00002250
• Target 1: 0.00002100
• Target 2: 0.00002020
• Stop-loss: Above 0.00002320
BONK is showing strong buyer dominance with over 62% bid strength and massive trading volume. If bulls defend the current range, the next leg higher could be quick and aggressive. Watch for confirmation.